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Now in its Thirteenth Edition, this proven, market-leading book remains a favorite among readers of all backgrounds for its clear, concise treatment of international trade and finance theory. Using a wealth of contemporary examples and practical applications, INTERNATIONAL ECONOMICS vividly demonstrates the relevance of theory to real-world economic issues and policy questions. Discussions are presented both verbally and graphically, making the book highly accessible even if you have little economics background. As you will soon discover, ?if it?s clear, concise and contemporary, it has to be Carbaugh!?
Table of Contents
The International Economy and Globalization
Foundations of Modern Trade Theory: Comparative Advantage
Sources of Comparative Advantage
Nontariff Trade Barriers
Trade Regulations and Industrial Policies
Trade Policies for the Developing Nations
Regional Trading Arrangements
International Factor Movements and Multinational Enterprises
The Balance of Payments
Exchange-Rate Adjustments and the Balance of Payments
Exchange-Rate Systems and Currency Crises
Macroeconomic Policy in an Open Economy
International Banking: Reserves, Debt, and Risk
Table of Contents provided by Publisher. All Rights Reserved.